How Much Does a Business Banking Underwriter Make in Alabama?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Business Banking Underwriter in Alabama is $57,276. While Salary.com is seeing that Business Banking Underwriter salary in AL can go up to $71,036 or down to $44,593, but most earn between $50,637 and $64,479. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Business Banking Underwriter
Business Underwriter
$55,786
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Small Business Underwriter
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Business Loan Underwriter
$59,099
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Similar Job Salaries to Business Banking Underwriter by Company

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Company average base salary in (usd) range
PNC Financial Services Group
Relationship Manager I - Business Banking
$117,505/yr
$93,151
$141,860
RANGE: $93,151 - $141,860
PNC
Relationship Manager I - Business Banking
$117,505/yr
$93,151
$141,860
RANGE: $93,151 - $141,860
Iron Mountain
Senior Business Development Executive - Banking and Financial Services
$120,886/yr
$104,948
$136,823
RANGE: $104,948 - $136,823
Synovus
Commercial Underwriter
$74,859/yr
$63,771
$85,947
RANGE: $63,771 - $85,947
CrossFirst Bank
COMMUNITY BANKING CREDIT UNDERWRITER II
$74,737/yr
$63,639
$85,836
RANGE: $63,639 - $85,836
Regions
LIHTC Feasibility Underwriter
$91,312/yr
$77,715
$104,910
RANGE: $77,715 - $104,910
First US Bank
Indirect Lending Credit Underwriter
$142,360/yr
$119,783
$164,936
RANGE: $119,783 - $164,936
22nd State Bank
Consumer Loan Underwriter
$74,923/yr
$63,519
$86,327
RANGE: $63,519 - $86,327

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Top 10 Highest Paying Cities For Business Banking Underwriter Jobs in Alabama

It is important to understand how location impacts your career prospects in the United States. There are some cities where a Business Banking Underwriter can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Business Banking Underwriter job salaries in Alabama. Some cities can pay higher salaries for Business Banking Underwriter jobs, which can indicate that there is a large demand for Business Banking Underwriter positions in this city.
The following table shows top 10 cities where the Business Banking Underwriter salary is higher than other cities in Alabama. Huntsville takes first place in this list, followed by Madison, Gadsden. The Business Banking Underwriter salary is $60,350 in Huntsville, which is lower than the national average. There is 0 city's Business Banking Underwriter salary higher than national average in Alabama.
The average salary for a Business Banking Underwriter in Alabama is $57,276, but we found that the city with the highest salary for Business Banking Underwriter jobs is Huntsville, AL, and it is higher than Madison. Business Banking Underwriter jobs in Huntsville can have the opportunity to earn higher salaries than in other cities in Alabama.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Huntsville $60,350 $5,029 $1,161 $29
Madison $60,350 $5,029 $1,161 $29
Gadsden $58,722 $4,894 $1,129 $28
Tanner $58,467 $4,872 $1,124 $28
Decatur $58,205 $4,850 $1,119 $28
Birmingham $58,093 $4,841 $1,117 $28
Tuscaloosa $57,638 $4,803 $1,108 $28
Mobile $56,808 $4,734 $1,092 $27
Montgomery $55,350 $4,612 $1,064 $27
Prattville $55,350 $4,612 $1,064 $27

What Does a Business Banking Underwriter Do?

The Business Banking Underwriter prepares all loan / lease credit proposals and conducts reviews of existing credit facilities.
Updated December 07, 2021
The Business Banking Underwriter is responsible for underwriting all new loan / lease applications, letter of credit, commercial credit cards and renewal applications.
Updated December 02, 2021

Frequently Asked Questions About a Business Banking Underwriter Salaries

What is the average of a Business Banking Underwriter in Alabama?

The Business Banking Underwriter salary range is from $50,637 to $64,479, and the average Business Banking Underwriter salary is $57,276/year in Alabama. The Business Banking Underwriter's salary will change in different locations.

Which location pays the highest Business Banking Underwriter salary in the United States?

The Business Banking Underwriter salary in San Jose, CA is $78,635 which is the highest in the US.

What kinds of reasons will influence the Business Banking Underwriter's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Business Banking Underwriter.

What is the growth rate of the Business Banking Underwriter's salary?

If you are thinking of becoming a Business Banking Underwriter or planning the next step in your career, find the detailed salary report of a Business Banking Underwriter.